For an increasing number of companies, human resource management has become a strategic issue in order to win, develop and maintain experts and high-profile staff. The key role for HR departments is therefore no longer just related to administrative and legal tasks, but instead, the focus has shifted to fully supporting an organization's digital journey.
All of this has resulted in an increased demand for innovative human capital management that goes beyond operational tasks such as payroll. Companies want to be able to combine the efficient management of core HR tasks with more strategic concepts like talent management. In addition, concepts for more efficient management and development of training and learning activities are in high demand.
HCM Today: Key Driver for Company Success in a Digitalized World
- Expectations of HR departments have fundamentally changed
- Necessity for modern HCM suites is growing
- HCM solution provider landscape
How Digital Trends will Continue to Transform the HCM Landscape
- SaaS-native vs. on-premises solutions
- Artificial intelligence and automation
- Analytics and big data